Braille Energy Systems Inc (BES) — Tangible Net Worth Ratio
Braille Energy Systems Inc (BES) has a Tangible Net Worth Ratio of 100.0% as of June 2024. This metric is calculated by deducting intangible assets (CA$0.00) from net assets (CA$229.78K) and expressing it as a percentage of total net assets. A higher ratio means that more of the company's equity is backed by tangible, balance-sheet-verifiable assets rather than goodwill, patents, or brand value. See BES net working capital ratio to evaluate short-term liquidity relative to the company's equity base.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Braille Energy Systems Inc Tangible Net Worth Ratio (2011–2023)
This chart shows how Braille Energy Systems Inc's Tangible Net Worth Ratio has changed across 11 annual periods from 2011 to 2023. As of June 2024, the ratio stands at 100.0%, reflecting net assets of CA$229.78K with intangible assets of CA$0.00 CAD. See Braille Energy Systems Inc liquidity coverage in days to measure how many days the company can operate on defensive assets alone.
Annual Tangible Net Worth Ratio for Braille Energy Systems Inc (2011–2023)
The table below presents the year-by-year Tangible Net Worth Ratio for Braille Energy Systems Inc from 2011 to 2023, covering 11 annual filings. Each row shows net assets, intangible assets, total assets, the tangible net worth ratio, and the change in percentage points versus the prior year. For the full company profile including market capitalisation, see BES company net worth.
| Year | Tangible NW Ratio | Net Assets (CAD) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2023 | 100.0% | CA$1.22 Million | CA$0.00 | CA$3.28 Million | ▲ +0.0 pp |
| 2022 | 100.0% | CA$3.10 Million | CA$0.00 | CA$5.13 Million | ▲ +0.0 pp |
| 2021 | 100.0% | CA$4.40 Million | CA$0.00 | CA$6.04 Million | ▲ +88.5 pp |
| 2018 | 11.5% | CA$1.74 Million | CA$1.54 Million | CA$3.67 Million | ▼ -88.5 pp |
| 2017 | 100.0% | CA$1.01 Million | CA$0.00 | CA$1.42 Million | ▲ +0.0 pp |
| 2016 | 100.0% | CA$1.34 Million | CA$0.00 | CA$1.35 Million | ▲ +0.0 pp |
| 2015 | 100.0% | CA$1.47 Million | CA$0.00 | CA$1.52 Million | ▲ +0.0 pp |
| 2014 | 100.0% | CA$1.65 Million | CA$0.00 | CA$1.72 Million | ▲ +0.0 pp |
| 2013 | 100.0% | CA$805.57K | CA$0.00 | CA$827.04K | ▲ +0.0 pp |
| 2012 | 100.0% | CA$977.51K | CA$0.00 | CA$978.80K | ▲ +0.0 pp |
| 2011 | 100.0% | CA$197.41K | CA$0.00 | CA$222.16K | — |